Three Leisure Operators Sign Up At intu Potteries

February 24, 2014

intu Potteries has signed the first three restaurants for its new £20 million catering and leisure extension, introducing Chiquito and Gourmet Burger Kitchen to Stoke on Trent for the first time and strengthening Frankie & Benny’s presence in the area. The trio will join Cineworld who were confirmed as the leisure anchor for the scheme two months ago.

Chiquito, the UK’s largest Tex-Mex restaurant and bar chain, will open a 4,500 sq ft unit with its first restaurant in the city whilst American/Italian 50s style diner Frankie & Benny’s will open a 4,500 sq ft unit. Both have signed 25 year leases. High end burger specialist Gourmet Burger Kitchen will open a 2,500 sq ft unit after signing a 15 year lease for their space.

The trio of deals will be followed soon by the announcement of the two remaining catering names as intu confirms the full line-up for the new 60,000 sq ft extension.

Wates has been appointed as contractor and will start on site 3 March this year, with the restaurants due to open in August 2015.

Martin Breeden, asset management director at intu, said, “intu Potteries is the main retail and leisure destination for the six towns of Stoke-on-Trent which attracts an annual footfall of 12 million from its catchment of 1.1 million people. It’s currently under-served in terms of catering and we are confident that the leisure extension will be a great success.”

Stephen Evans, development director of Gourmet Burger Kitchen, said: “We have been targeting prime shopping centres with exciting new catering hubs and the new intu Potteries’ catering and leisure extension is a perfect fit for our premium burger brand, targeted as it is to the family market that intu Potteries serves.”

Jonny Buckle, senior acquisition manager at The Restaurant Group, which operates both Chiquito and Frankie & Benny’s, said: “It looks like its going to be another really strong dining location from intu which has given us a great opportunity to introduce Chiquito to the city and further re-inforce our presence with Frankie & Benny’s too.”

intu Potteries was represented by Lunson Mitchenall while The Restaurant Group, which trades as Frankie & Benny’s, and Chiquito were both advised by Savills. CWM advised Gourmet Burger Kitchen.

            Ends

Latest News

MOORGARTH LAUNCHES PM+U – A NEW KIND OF PROPERTY MANAGEMENT COMPANY

February 19, 2021 - 16:07

The highly successful team behind Moorgarth Property Management has launched a new property management company – PM+U – specialising in retail, office and leisure assets across the UK. Under the l[...]

+ Read More

ARLINGTON TO DEVELOP ONE OF LONDON’S FIRST DEDICATED LIFE SCIENCE DEVELOPMENTS

February 16, 2021 - 11:08

Arlington has received full planning consent for a building that is set to become one of London’s first fully lab-enabled buildings to be delivered by a commercial property investor. Known as Refine[...]

+ Read More

WILFORD LANE DEVELOPMENTS SELLS OFF WEST BRIDGFORD SCHEME IN NOTTINGHAM

February 9, 2021 - 12:36

Wilford Lane Developments Limited (WLDL) – a joint venture between Kuwaiti developer/investor Salhia Real Estate Co KSC and Simons Developments Ltd – has sold the commercial element of its Wes[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR